Farmers State Bank Selects IBT as Partner to Modernize Its Core and
Ancillary Systems

May 07, 2015 07:30 AM Eastern Daylight Time

CEDAR PARK, Texas--(BUSINESS WIRE)--IBT,
Inc., leading provider of cutting edge banking applications, announced
today that Farmers State Bank (FSB) of Brookstone, Indiana has signed
with IBT to upgrade its core platform and all its integrated solutions.
This new technology will enable the bank to meet the specific challenges
of the marketplace efficiently and effectively providing new automation
and convenience to its customers.

“We are doing a full core conversion and adding enhanced online banking,
mobile banking and cash management products like deposit capture. In
order to survive in this industry, we knew we needed to grow and change,
but we didn’t want to become something that we weren’t; we wanted to
maintain for our community, who we are as a bank, and stay true to our
commitments. With our current contract concluding its term in 2015, we
began our discussion and research in early 2014. We took that
opportunity to address all aspects of overall operations, our overhead,
our services, and our products reviewing virtually everything to move to
a more modern technology system. We knew we wanted to align ourselves
with a cost efficient, like-minded company that would give us service
beyond the installation, a company that would be our partner, and we
found IBT. Our goal with the new IBT Core system is that it will improve
efficiency, and provide us the ability to focus more on our customers
instead of having to work with a system with scattered silos of
information. Our customers will truly benefit from using this new
automation,” stated Lori Heath, President and CEO of Farmers State Bank.

“Client’s like Farmers State Bank are focused on customer care as are
we. As we assist with FSB’s conversion to new and improved technology,
we focus on building our relationship as well, carefully guiding our
clients, step by step, through the transition to insure proper training
and support all along the way. That is The IBT Difference,” stated Mike
Golebiowski, president of IBT.

About Farmers State Bank

Farmers State Bank is proud to be an important part of the foundation of
the communities they serve, and look forward to the potential of
continued success and growth. In 2015, The Farmers State Bank will
celebrate 110 years.

IBT is an industry leading financial services software firm, established
in 1999. It develops and hosts a suite of powerful core and ancillary
software solutions that allow community banks to provide a complete menu
of banking services. IBT’s software delivers operational efficiency,
improves compliance and reduces risk to enhance overall customer
experience.